RNS Number : 8470N
Foxtons Group PLC
20 May 2015
 



Foxtons Group plc

(the "Company")

 

20 May 2015

 

Annual General Meeting ("AGM") Results

 

The Company announces that at its Annual General Meeting held earlier today all the resolutions set out in the Notice of Annual General Meeting were passed by the requisite majority.  Each of the resolutions put to the AGM was voted on by way of a poll. The results of the poll for each resolution were as follows:

 

Resolution

For

(No. of shares)

 

For

(%)

 

Against

(No. of shares)

 

Against

(%)

 

Votes Withheld

(No. of shares)

 

Total issued share capital instructed (%)

 

1. To receive the Annual Report and Accounts.

234,188,872

100.00

0.00

0.00

1.00

82.99

2. To declare a final dividend.

234,188,872

100.00

0.00

0.00

1.00

82.99

3. To declare a special dividend.

234,188,872

100.00

0.00

0.00

1.00

82.99

4. To approve the Directors' Remuneration Report.

216,260,639

92.36

17,896,372

7.64

31,862

82.98

5. To elect Nicholas Budden as a Director.

232,815,066

99.41

1,372,306

0.59

1,501

82.99

6. To re-elect Andrew Adcock as a Director.

232,804,421

99.41

1,382,951

0.59

1,501

82.99

7. To re-elect Ian Barlow as a Director.

233,925,416

99.89

261,956

0.11

1,501

82.99

8. To re-elect Michael Brown as a Director.

232,806,243

99.41

1,381,129

0.59

1,501

82.99

9. To re-elect Annette Court as a Director.

233,926,916

99.89

261,956

0.11

1.00

82.99

10. To re-elect Gerard Nieslony as a Director.

232,701,261

99.41

1,372,306

0.59

115,306

82.95

11. To re-elect Garry Watts as a Director.

232,286,865

99.19

1,900,507

0.81

1,501

82.99

12. To re-appoint Deloitte LLP as auditors of the Company.

233,804,009

99.84

383,563

0.16

1,301

82.99

13. To authorise the Audit Committee to determine the auditors' remuneration.

233,898,586

99.88

288,986

0.12

1,301

82.99

14. To authorise the Company to make political donations.

232,468,398

99.52

1,111,299

0.48

609,176

82.78

15. To amend the rules of the Senior Management Long Term Incentive Plan.

233,799,192

99.83

386,880

0.17

2,801

82.99

16. To authorise the Directors to allot ordinary shares.

234,182,074

100.00

5,798

0.00

1,001

82.99

17. To disapply pre-emption rights.*

 

234,180,774

100.00

5,798

0.00

2,301

82.99

18. To authorise the Company to purchase its own ordinary shares.*

234,182,074

100.00

6,798

0.00

1.00

82.99

19. To authorise the Directors to hold general meetings on not less than 14 clear days' notice.*

227,233,531

97.03

6,955,341

2.97

1.00

82.99

20. To ratify the payment of the 2014 interim and special interim dividends and to approve certain related matters.*

212,439,184

100

2,298

0.00

20,442,731

75.29

 

*Special Resolution

 

NOTES:

 


1.

All resolutions were passed.

 

2.

Proxy appointments which gave discretion to the Chairman of the AGM have been included in the "For" total for the appropriate resolution

 

3.

Votes "For" and "Against" any resolution are expressed as a percentage of votes validly cast for that resolution.

 

4.

A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.

 

5.

Following the passing of resolution 20, and as described in detail in the explanatory notes to the Notice of Annual General Meeting published on 7 April 2015,  the Company confirms that it has today entered into:

               - a deed of release in favour of the Company's shareholders; and

               - a deed of release in favour of the current and former Directors of the Company (being related parties of the Company for the purposes of the Listing Rules and which deed constitutes a smaller related party transaction under LR11.1.10R of the Listing Rules);

 

6.

The number of shares in issue at 6:00 p.m. on 18 May 2015 was 282,176,468 (the "Share Capital") and at that time, the Company did not hold any shares in treasury.

 

7.

The proportion of "Total issued share capital instructed" for any resolution is the total of votes validly cast for that resolution (i.e. the total votes "For" and "Against" that resolution) expressed as a percentage of the Share Capital.

 

8.

The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Company's website at www.foxtonsgroup.co.uk.

 

9.

A copy of resolutions 17-20 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at www.morningstar.co.uk/uk/NSM.

 

10.

The complete poll results will be available shortly on the Company's website at www.foxtonsgroup.co.uk

 

 

 

 

 For further information please contact:

 


Foxtons Investor Relations


Jenny Matthews

Tel: 020 7893 6484

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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